REA

R.E.A. Holdings plc: Statement regarding bank financing

Retrieved on: 
Thursday, August 12, 2021

The issuer is solely responsible for the content of this announcement.

Key Points: 
  • The issuer is solely responsible for the content of this announcement.
  • Notwithstanding that this condition has still to be satisfied, Mandiri agreed that the arrangements with them could be completed.
  • Accordingly, the two new loans and working capital facility have been drawn down and the previous loan and working capital facility repaid.
  • REA expects to publish its 2021 half yearly report in September in accordance with the company's usual reporting timetable.

Jamaica Boosting Its Energy Industry

Retrieved on: 
Monday, August 9, 2021

The Caribbeans leader in renewable energy, Jamaica, is making significant strides in boosting the diversification of its energy sector, as the government looks to implement the islands ambitious Integrated Resource Plan (IRP).

Key Points: 
  • The Caribbeans leader in renewable energy, Jamaica, is making significant strides in boosting the diversification of its energy sector, as the government looks to implement the islands ambitious Integrated Resource Plan (IRP).
  • Jamaicas energy provider, the Jamaica Public Service (JPS)s Munro Wind Farm has a 3 MW capacity, while Blue Mountain Renewable (BMR) Jamaica Wind generates 34 MW.
  • Regarding these projects, Don Gittens, JAMPROs Manager of Logistics, Energy, and Infrastructure, stated Current renewable energy projects represent approximately 14 per cent of energy generation in Jamaica, but our target is 50 per cent.
  • Sector development initiatives have continued, and JAMPRO has partnered with entities like New Energy Events and the REA - The Association for Renewable Energy & Clean Technology in the UK to continue its global promotion of the energy industry.